The Final Shakeout Before Silver EXPLODES - Michael Oliver
The Final Shakeout Before Silver EXPLODES – Michael Oliver
Michael Oliver silver prediction: silver has fallen from $120 to the mid-$50s, and most analysts now expect lower prices. Oliver says his momentum charts tell a very different story, and that this break may be the last opportunity before the next leg up. What does he see that the price chart hides? In his latest interview, Michael Oliver of Momentum Structural Analysis (MSA) explains why the nine-month slide is a sharp break but not a structural one, why silver is still “a dog” next to every other metal despite years of supply deficits, and why he calls the move a psychological trap. He compares today with the October 2008 gold flush, shares his past silver buy signals, and explains why he thinks silver will “go up in a vacuum” once it turns. Then he turns to the bigger picture: why Newmont and Wheaton raced back to their highs, why he believes the recent Treasury bond rally is a false low, why the big banks are on the edge of breaking key levels, what central banks will do with “a government house on fire,” and the S&P 500 level where he expects the economic data to turn sour.
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